Pakistan KSE-100 index rose 0.8% to 110,933.10.Israel attacked the Syrian capital and its surrounding areas again. Syrian local media released a message today (December 10) that Israel once again launched an attack on the Syrian capital Damascus and its surrounding areas. According to Agence France-Presse, the Syrian capital Damascus heard a huge explosion today (December 10).Reserve Bank of Australia: You can't say when you have confidence in inflation. Reserve Bank of Australia President Brock said that you can't say when you have confidence in inflation, but the Committee has noticed weak data. Our forecast does show that inflation will slow down. If this happens, there will be a moment when we will be confident enough that inflation will return to the target range and start to relax interest rates. We will observe the upcoming data before the meeting in February next year and evaluate what these data mean for inflation and whether we can achieve our forecast.
The IMF believes that Asian economies are resilient enough to withstand the test of turmoil. Economists of the International Monetary Fund (IMF) say that Asian economies are resilient enough to withstand the test of turmoil, emphasizing the importance of calmly coping with turmoil when the region faces various internal risks and challenges brought by Trump's return to the White House. Asia is still the key engine of global economic growth, but uncertainty caused by many factors has increased this year. The unexpected leadership change in Japan, the chaotic martial law storm in South Korea and Trump's tariff threat all make the future of the region even more unpredictable. Alasdair Scott, head of the Asia-Pacific Department of the IMF, declined to comment on specific countries and political situations, but he emphasized the resilience of Asia and said that the region still has great growth potential.Hongya CNC: The income from exporting products to the US market is relatively low. Hongya CNC (002833) said on the interactive platform today that the company's products are exported to more than 70 countries and regions, and the income from the US market is relatively low.With the return of high dividend assets, the market pays attention to the investment value of dividend sector. The Standard & Poor's dividend ETF(562060) rose by 1.07% at midday. By midday on December 10th, the standard & poor's dividend ETF(562060) rose by 1.07%, with a turnover of 20,646,600 yuan. The constituent stocks rose strongly, with Yongxing Materials rising by 3.73%, Aopu Technology rising by 2.12%, Lu 'an Huaneng rising by 2%, Gaoce shares and Jianfa shares rising one after another. In the news, recently, the strong performance of China bond market led to the decline of the yield of 10-year treasury bonds, which fell below the key point of 2.0%, and the dividend assets in the A-share market ushered in an upward trend. Insiders pointed out that the decline in the cost performance of bond allocation is a long-term dimensional reason for supporting the dominance of the dividend sector. With the continuous decline of the yield of 10-year treasury bonds, institutional investors' confirmation of the long-term low interest rate environment will be conducive to the continuous excavation of the value of dividend assets.
Tongliao, Inner Mongolia: Support the use of provident fund balance to pay the down payment for house purchase. On December 9, Tongliao Housing Provident Fund Center of Inner Mongolia issued the Notice on Optimizing and Adjusting the Use Policy of Housing Provident Fund. The document proposes to increase the calculation amount of housing provident fund loans. Before the adjustment, it was "the amount of housing provident fund loan application does not exceed 20 times the balance of the account", and after the adjustment, it was "the amount of provident fund loan does not exceed 25 times the balance of the provident fund account", which will be implemented as of the date of issuing the notice. At the same time, support the use of provident fund balance to pay the down payment for house purchase. Support depositors to withdraw the balance of housing provident fund as the down payment for the purchase of newly-built self-occupied housing, that is, after the purchaser and the development enterprise sign the proposed purchase contract (agreement), they can apply for withdrawing the balance of housing provident fund account to pay the down payment for the purchase, which will be implemented from December 20. Tongliao will also adjust the maximum age for employees to repay loans. According to "Measures of the State Council on Gradually Delaying the Statutory Retirement Age", the term of individual housing loans for housing provident fund will be extended to 68 years for men and 63 years for women, or to 5 years after the statutory retirement age of depositors, with the longest loan term not exceeding 30 years. This policy will be implemented as of January 1, 2025.Broad-based index products are expected to increase the Y share of personal pension, and personal pension products are expected to expand after the second anniversary of the personal pension system. It is understood that mainstream broad-based index products are expected to increase the personal pension Y share, including Shanghai and Shenzhen 300 Index, CSI 500 Index, CSI A500 Index, GEM Index and other products, which can provide investors with more allocation needs. (SSE)In 2024, the Reserve Bank of Australia decided to keep the benchmark interest rate unchanged at 4.35%, which was the ninth consecutive meeting and was in line with market expectations.